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Lions Gate president of international TV, digital distribution unit steps down

Peter Iacono is stepping down as Lions Gate Entertainment Corp.'s president of international TV and digital distribution to become CEO of TravelCadabra, an internet travel, entertainment and e-commerce platform launching in early 2019.

Iacono has been with Lions Gate's worldwide television and distribution group leadership team for almost a decade.

Replacing him is Agapy Kapouranis, who joined the company in 2011 and most recently was executive vice president of worldwide subscription video on demand.